New From PetroChem Wire . . . .
NGLs Week is PetroChem Wire's comprehensive summary of price trends, upstream and downstream costs, operations news and supply/demand forecasts. The report contains everything you'll need to understand what's happening in the NGL markets.
For more information,
NYMEX Thursday Wrap: Crude, nat gas, gasoline finish stronger
HOUSTON, January 26, 2017 (PCW) — February NYMEX crude futures settled up $1.03/bbl to $53.78/bbl. March Brent at the close of the NYMEX increased $1.23/bbl to $56.22/bbl.
The March Brent/WTI spread widened to $2.44/bbl favoring Brent. Prompt natural gas futures were up 5.0 cents at $3.382/mmBtu. February NYMEX RBOB futures closed at $1.5427/gal, up 1.89 cpg.
January gasoline differentials were mixed versus Wednesday’s levels.
A4 CBOB 87 regular was stronger at 3.25 cpg under the screen.
CBOB 87 was up at 2.75 cpg under the screen.
D4 CBOB 93 premium was weaker at 12.00 cpg over the screen.
CBOB 93 was softer at 12.50 cpg over the screen.
RBOB was lower at 1.50 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $10.80/bbl, $2.29/bbl under the screen. – John Troland